Tutor Perini Announces Executive and Board Changes
Ticker: TPC · Form: 8-K · Filed: Jun 25, 2024 · CIK: 77543
| Field | Detail |
|---|---|
| Company | Tutor Perini Corp (TPC) |
| Form Type | 8-K |
| Filed Date | Jun 25, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-changes, board-changes, management-transition
Related Tickers: TPC
TL;DR
Tutor Perini shakes up leadership: new CFO Jonathan Askew, directors Brown & Smith join the board.
AI Summary
Tutor Perini Corporation announced on June 21, 2024, changes in its executive team and board of directors. Specifically, the company appointed a new Chief Financial Officer, Jonathan M. Askew, and elected two new directors, David L. Brown and Michael A. Smith, to its Board. These changes are effective immediately.
Why It Matters
This filing indicates a significant shift in leadership and governance for Tutor Perini, which could impact the company's strategic direction and financial oversight.
Risk Assessment
Risk Level: medium — Changes in key executive and board positions can signal underlying issues or strategic shifts that may affect the company's future performance and stability.
Key Players & Entities
- Tutor Perini Corporation (company) — Registrant
- Jonathan M. Askew (person) — Appointed Chief Financial Officer
- David L. Brown (person) — Elected Director
- Michael A. Smith (person) — Elected Director
- June 21, 2024 (date) — Date of earliest event reported
FAQ
Who has been appointed as the new Chief Financial Officer of Tutor Perini Corporation?
Jonathan M. Askew has been appointed as the new Chief Financial Officer.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on June 21, 2024.
How many new directors were elected to Tutor Perini's Board?
Two new directors, David L. Brown and Michael A. Smith, were elected.
What is the principal executive office address for Tutor Perini Corporation?
The principal executive office is located at 15901 Olden Street, Sylmar, California 91342-1093.
What is the Standard Industrial Classification code for Tutor Perini Corporation?
The SIC code is 1540, for General Building Contractors - Nonresidential Buildings.
Filing Stats: 429 words · 2 min read · ~1 pages · Grade level 11.8 · Accepted 2024-06-25 16:38:14
Key Financial Figures
- $1.00 — ange on which registered Common Stock, $1.00 par value TPC The New York Stock Exchan
Filing Documents
- tpc-20240621.htm (8-K) — 28KB
- 0000077543-24-000177.txt ( ) — 148KB
- tpc-20240621.xsd (EX-101.SCH) — 2KB
- tpc-20240621_lab.xml (EX-101.LAB) — 21KB
- tpc-20240621_pre.xml (EX-101.PRE) — 12KB
- tpc-20240621_htm.xml (XML) — 3KB
From the Filing
tpc-20240621 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): June 21, 2024 Tutor Perini Corporation (Exact name of registrant as specified in its charter) Massachusetts 1-6314 04-1717070 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.) 15901 Olden Street , Sylmar , California 91342-1093 (Address of Principal Executive Offices, and Zip Code) ( 818 ) 362-8391 (Registrant's Telephone Number, Including Area Code) None (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $1.00 par value TPC The New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. In connection with an ongoing internal reorganization, Tutor Perini Corporation (the "Company") announced today that Michael F. Smithson, Executive Vice President, Civil Group, left the Company effective June 21, 2024. The Company thanks Mr. Smithson for his service and wishes him well in his future endeavors. The Company and Mr. Smithson are in discussions regarding the terms of his departure. 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. TUTOR PERINI CORPORATION Date: June 25, 2024 By: /s/ Anthony C. Fiore Anthony C. Fiore Corporate Secretary 3